#BTC
Continuing from the previous text shown in Figure 1, the 94000 high point has already broken through the corresponding five-wave high point in Figure 1 this morning. Since this five-wave pattern has broken through the highest point of the 14th, I temporarily classify this wave pattern as a complete wave in a larger degree three-wave main upward extension wave, and it may not be finished yet.
Subsequently, I will only explain the most ideal scenario. Look at the new diagram below,
Here is the first scenario:
As long as it does not drop below 88600, this large degree three-wave extension will continue to move forward, and the high points will keep getting higher because this is the main upward wave.
The second scenario:
If it drops below 88600, we can take a step back and look at 86500. If it does not drop below 86500 and continues to rebound and break through the 94000 high point, then the intermediate phase is a consolidation market. The moment the breakthrough occurs and a new historical high is established, this main upward wave will truly begin. The highest level I can foresee is close to 100k if it continues along this rhythm.
Additionally, if it drops below 86500, that moment will likely signal the beginning of a pullback phase. Therefore, for now, I will first look at the trend shown in the diagram below #BTC何时突破10万? #比特币ETF期权上线 #BTC再次刷新历史高点 #市场围绕90K $BTC .